The General Director of INCONA spoke at the international forum in Tolyatti

10.12.2014

On December 4, the General Director of INCONA spoke at the III International forum «The City of the Future. Togliatti 2014». The forum was organized by the Mayor’s Office of the Tolyatti City District with the support of the Government of the Samara region.

Alexey Busev arrived at the forum at the invitation of local authorities and businesses who expressed a desire to get acquainted with the details of the issue concerning doing business in the UAE. In his speech, the General Director of INCONA paid considerable attention, among other things, to the situation in the automotive market of the Arab countries of the Gulf (GCC). According to him, the GCC market volume is about 1.6 million new cars per year. The number of cars on the roads of the GCC countries will grow by at least 5.9% per year and will reach 1.66 million by 2017. In terms of the size of the car market, the UAE is one of the leading countries in the Gulf region. At the same time, it is the UAE that is the center of trade in cars and automotive components.